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Mortgage and Other Notes Receivable (Tables)
9 Months Ended
Sep. 30, 2015
Mortgage and Other Notes Receivable [Abstract]  
Schedule of mortgage and other notes receivable
Mortgage and other notes receivable consist of the following:
 
 
 
 
As of September 30, 2015
 
As of December 31, 2014
 
 
Maturity
Date
 
Interest Rate
 
Balance
 
Interest Rate
 
Balance
Mortgages:
 
 
 
 
 
 
 
 
 
 
Columbia Place Outparcel
 
Feb 2022
 
5.00%
 
$
348

 
5.00%
 
$
360

Park Place
 
May 2022
 
5.00%
 
1,430

 
5.00%
 
1,566

Village Square
 
Mar 2016
 
3.50%
 
1,692

 
3.50%
 
1,711

Other
 
Dec 2016 - Jan 2047
 
2.69% - 9.50%
 
4,389

 
2.67% - 9.50%
 
5,686

 
 
 
 
 
 
7,859

 
 
 
9,323

Other Notes Receivable:
 
 
 
 
 
 
 
 
 
 
RED Development Inc.
 
Nov 2023
 
5.00%
 
7,429

 
5.00%
 
7,429

Woodstock land (1)
 
Nov 2015
 
10.00%
 
3,059

 
10.00%
 
3,059

 
 
 
 
 
 
10,488

 
 
 
10,488

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
18,347

 
 
 
$
19,811

(1)
Woodstock GA Investments, LLC, a joint venture in which the Company owns a 75.0% interest, has a note receivable with an entity that owns an interest in land in Woodstock, GA, adjacent to the site of The Outlet Shoppes at Atlanta. The loan is secured by the entity's interest in the adjacent land. An amendment to the note was made in the second quarter of 2015 to extend the maturity date from May 2015 to August 2015. The note was subsequently amended in the third quarter of 2015 to extend the maturity date to November 2015.